Snowflake is Sinking After Announcing $2 Billion Debt Plan: Should Investors Be Concerned?
Shares of Snowflake Inc. (SNOW) are down roughly 2% Thursday morning, making it a 6% loss over the past month. The latest bit of downward pressure can be attributed to the company’s announcement that it will be raising $2 billion in debt. The plan involves two separate $1 billion Senior Convertible Notes, one of which will be due in [...]
GM Takes a Dip After Former Bull Downgrades the Stock: 3 Things Investors Need to Know About GM
Shares of General Motors Co. (GM) are down more than 5% so far Wednesday morning, making for a 7% loss over the past month. This comes on the heels of a once-bullish analyst changing his stance on the stock, downgrading it from the equivalent of buy to hold. Daniel Roeska with Bernstein moved his price target from $54.50 to [...]
Will the Fed’s 0.5% rate cut lead to a soft landing for the economy?
Last week, the Fed made a 0.5% cut to its rate. Its decision meant that one of the most highly anticipated monetary policy decisions was finally made. In fact, it came many months later than the market had thought; at the end of last year, investors believed a cut would arrive as soon as March 2024. But with economic [...]
How Far Out to Sell Covered Calls
Selling covered calls is a great way to earn income in a relatively stagnant market, capitalizing on open positions you already have without exposing yourself to many downsides. But, figuring out how far out to sell covered calls is essential for earning a nice profit and getting to keep your shares. The expiration date you choose impacts not just your [...]
Deere & Co. is Up 4% After Trump’s Tariff Threat: 2 More Reasons to Buy DE Today
Former US President and current candidate Donald Trump made it clear that American manufacturing is a priority for his platform. He just threatened to slap Deere & Co. (DE) with a 200% tariff should they go through with their plans to move manufacturing to Mexico - provided he wins the election, of course. Deere & Co. has been struggling [...]
Radcom Rallies 5% This Week on Strong Demand – But is it Worth Buying RDCM Today?
Shares of Radcom Ltd. (RDCM) climbed nearly 15% last week, and while we’ve seen a slight reversal after the weekend, the stock is still up more than 5% in the past 7 days. This comes after the company noted that it saw an uptick in demand for a wide array of product offerings. Its cloud-powered automated assurance and intelligence [...]
